DigiPlus down 12% ahead of today's 1.65-B shares listing
DigiPlus [PLUS 13.00, down 12.0%; 601% avgVol] [link] notified the exchange that it would list 1.65 billion common shares on July 25 from a series of subscriptions that were made by a group of buyers (from PLUS’s ownership group) in March 2022 at P1.65/share. The shares have already been counted as issued and outstanding. This transaction only listed the shares which makes them eligible for trade on the PSE’s system.